Finance

Banks reports, central bank updates, and markets and trade news from the Middle East. all the important stories.

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Finance

European Central Bank urges EU banks to brace for geopolitical challenges

The European Central Bank (ECB) has urged EU banks to strengthen their preparedness for geopolitical shocks, calling on them to conduct internal stress.

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Finance

CBUAE maintains Base Rate at 3.65%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%..

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Finance

CBUAE measures strengthen financial stability, resilience: Group CEO of ADIB

Mohamed Abdelbary, Group Chief Executive Officer of ADIB, has said that the measures introduced by the Central Bank of the UAE (CBUAE) reflect.

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